Multiple Choice
The identification by a firm of its sources of competitive advantage is critical because:
A) A firm can reduce its costs
B) A firm can organize its activities differently
C) A firm can increase its profitability
D) To continue successfully it is essential that a firm understands why it wins profitable business.
Correct Answer:
Verified
Correct Answer:
Verified
Q36: Small and medium size firms can offset
Q37: The cost reduction to be achieved through
Q38: The experience curve can be defined as:<br>A)A
Q39: The experience curve concept became a popular
Q40: Designing products for ease of production and
Q42: Generally, the greatest productivity gains from process
Q43: Eliminating excessive costs is:<br>A)Easy<br>B)A battle between senior
Q44: Generally, gaining the full cost-reduction from process
Q45: The "specialization effect" means that:<br>A)People work faster
Q46: "Indivisibility" relates to:<br>A)"Lumpy" resources<br>B)A characteristic of a